$FHE is incredibly undervalued for the utility it provides.
I tried to get an isolated position on its way down from around 0.03 and kept getting liquidated so I changed strategy to cross margin and DCA into my position as I would spot.
My conviction has paid off recovering my losses and into profit. Intial entry at 0.01630 I survived the final wick down to 0.0145 with squeaky buttcheeks and riding this wave and a final DCA the dip to topup my position to max bringing my final entry price to 0.0176.
I could have done better being more aggressive with the DCA at lower price points as to hold more tokens beyond the binance limit as the price rises, iykyk. Next opportunity I see in the market I will do better, life is about improving.
I have been accumulating spot bags now for intention of staking and enjoying the ecosystem.
$LINK partnership with $FHE is building critical infrastructure for web3. DYOR.
That all said im still just a brokie but at least im no faking screenshots on binance. This is my rebirth journey. Follow me to join the journey with me. Next picks are loading… do you trust your intuition? ;)
Price target: ♾️ edit: but really this tech should be fair valued at minimum 500M mcap
$SPORTFUN I have started my DCA on a long position for this project.
I fail to see how it can go below 4M marketcap with all tier1 exchange listings and a real usecase unless it gets delisted. I doubt it will be delisted after only being released a month ago and hitting the 5M marketcap floor for accumulation zone.
$SPORTFUN has broken its range on the 4hr candles with a resistance at 0.043.
The next 1-2days are pivotal in deciding the next 7days movement.
If $SPORTFUN fails to turn the top of this range into its support (0.038-0.041) then we are likely looking at a downward trend for a week to 0.031-0.033 bottom range then upward again to test another breakout. If this is the scenario then this is the accumulation zone for your spot bags to load up BIG!
This gem is incredibly undervalued so I wouldnt be surprised to see a breakout to 0.043 then set the support solid for a big 20%+ spot candle tomorrow (max hopium dose).
As you can see i DCA my entries but also have FOMO so I have finishing maxxing out my futures position unless it dumps downward then I can top up again.
My spot bags are heavy and im looking to hodl for a longtime staking and actually using the product to place sport bets on football lol
The only thing that can wick it near ATL to complete a good chart structure is bitcoin moving downward to 61-63k again.
If $BTC does that then $SPORTFUN will hit 0.026-0.027 with a potential 1s wick to 0.0248 so MM can get their “wallst entry” then back to 0.026 quickly.
This is a low marketcap gem for the utility in my opinion.
$ZAMA is actually a great project and gem at this marketcap. The privacy stack this wrapper provides is the reason i got into my $FHE trade as they are of the same ecosystem.
Mindnetwork (FHE) were the first to use Zama FHE standard for their AI project as well as helping CCIP (chainlink) integrate for private usdc transfers across EVM.
The zama protocol allows other projects to easy onboard and wrap privacy layers around their projects be it token transfers, private oracle data for darkpools and defi, private oracle ais the list goes on.
Bullish on this gem, you need to spend $ZAMA to use their FHE compute the utility doesn’t get better than that.
I started dca a position on futures but my spot bags are stacking a lot heavier, this is no joke, ZAMA will be in the billions of marketcap.
I expect $BTC to open the new week red to create a near double bottom structure, this would nake the chart “look right”. Candles are painted by people following “TA” and market makers.
I expect $SPORTFUN to range in a accumulation zone between 0.03-0.033.
Worse case if bitcoin dies again then we will test near the ATL around 0.026-0.027
If there are many longs open with liq at 0.024 they might even sweep you on a wick then quick upward candle to 0.026-0.028 range and back to the 0.03-0.033 accumulation zone.
I am bullish on this for the use case and potential revenue the project can capture from the sportsbetting markets.
At this marketcap its worth the gamble on spot 100% Futures is ok but only if your liq is 0.02 or below!
DCA is my advice for futures and just buy for spot now and hodl longterm.
Half entered my $SPORTFUN position by DCA, first buy was around 0.0275
I await some red candles that possibly bring us back to 0.03 before I DCA to max the contract and hodl.
Sports betting prediction markets tied to the performance of real world players, its a niche and interesting project trying to enter a 100B+ dollar industry. If $SPORTFUN can even capture 0.1% of the volume the revenue will be insane and marketcap will be also in the billions.
Lets see if this is just another dream or a project that actually gets used.
With marketcap so low its worth the gamble if you have time and capital to wait, buy spot!
$SPORTFUN I have started my DCA on a long position for this project.
I fail to see how it can go below 4M marketcap with all tier1 exchange listings and a real usecase unless it gets delisted. I doubt it will be delisted after only being released a month ago and hitting the 5M marketcap floor for accumulation zone.
I opened too many trades on cross and got rekt like most folks. Sad because if i just held my $TRUTH trade still be alive in profit.
Oh well. I DCA and opened a $LTC trade to try and swing out as bitcoin should make its way to 90k before ifs next downward trend into the US midterms later in the year.
Probably get liquidated or stopped out on this but worth a try, if I do I’ll re-enter with lower lev.